Are two appraisals required for jumbo loan amounts on Arch MI Standard programs?

Are two appraisals required for jumbo loan amounts on Arch MI Standard programs?
June 22, 2018 Donna Malecki

Are two appraisals required for jumbo loan amounts on Arch MI Standard programs?

For loans over $1 million, Arch MI requires either a second full appraisal or a field review to support the value.  For loans submitted under an AMGC Master Policy, requirements may differ.  Refer to the AMGC guidelines at https://mi.archcapgroup.com/AMGC

Last Updated On June 22, 2018